Gravitoken is a new kid on the block which sort of makes Shina Ibu seem virtuous ... yet this token , price wise, has outperformed Shiba by a factor of THOUSANDS.
GRAVITOKEN (GRV) is a gravity-free rebasing, autonomous, community token with an automatic liquidity pool algorithm, and automated token buyback with burn.
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Now that sounds really sophisticated... I would even state it as being grand .... but it PALES IN INSIGNIFICANCE when comparing it to this next feature of the Gravitoken tokenomics
The token is mathematically guaranteed to increase in price by 9.81% every 8 hours until it reaches a ceiling of $1,337,000 where it becomes a stable coin.
A ONE MILLION THREE HUNDRED AND THIRTY SEVEN THOUSAND DOLLAR stable coin
Now consider the maximum supply and I reckon there is not enough paper on the planet to print the dollars to cover the market cap once it reaches stable coin status...
The maximum supply will be pegged at ONE QUADRILLION COINS ...let me type that out for the reader..
1,000,000,000,000,000 GRV .... at the current price of $0.03c puts its market cap at $32 Trillion... now I am n ot sure how much 1.37 Million times 1 Quadrillion is ... but it sure sounds like a number Zaphod Beeblebrox would come up with... obviously handing the task to Marvin the paranoid robot
Zaphod Beeblebrox
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So this project was initiated by three friends who are long time crypto investors.
Gravitoken is the brainchild of three friends who have bene long time crypto investors. The developer has a PHD in mathematics and a background in quantitive finance. The creative lead has ten years experience building website and brand assets. The marketing lead has 10 years experience working in digital marketing and machine learning software for FTSE 100 companies.
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At this stage I believe it must be time for a tune... and I give you ...
R.E.M> - Its the end of the World
The barrier to entry for crypto is currently set pretty high... and this kind of introduction to newbies can only sour a swath of them.
Disclaimer .... this is investment advice .....NOT.
Thanks for stopping by and as always stay safe and love the one you with .
Namaste
